Question
The sum at a certain rate of simple interest becomes Rs.
14880 after 3 years and Rs,16800 after 5 years. Find the simple interest on the same sum at 10% per annum for 4 years (in Rs.)Solution
year      amount 3            14880......(1) 5            16800......(2) difference between eques (1) and (2) 2            =1920 1            =960 equation (1) then interest = 3×960=2880 P=A-SI=14880-2880=12000 P=1200 so now simple interest on the same sum r=10%, t=4year SI= PRT/100 =12000×10×4/100 =4800rs            Â
Which is not a method of overhead apportion mechanism?
If there exists a specific sports fund, the expenses incurred in relation to sports activities will be taken to:
Which of the following financial statements shows a company's assets, liabilities, and equity at a specific point in time?
Which report is issued after completion of statutory audit of a PSU?
A software company provides license + 2 years of updates and support. How should revenue be recognised?
Under which method are extraordinary items presented separately in the statement of profit and loss?
A company has a standard direct material cost of ₹10 per unit. Actual cost incurred was ₹12 per unit for 1,000 units. 950 units were actually produc...
The primary objective of Cash Management is to:
Which accounting treatment is appropriate for assets given on finance lease (lessee perspective) under Ind AS?
Amount paid for stationery during 2022-23        ₹ 80,000
Creditors for Stationery on March, 31, 2023       ₹ 7,...
Relevant for Exams:
